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Pandemic surge creates fresh political and economic doubts
PoliticsGreek Politicsbe allowed to take off their mask for a while if they are not in crowded areas. Economic impact... developments have also put pressure on the vaccination programme, which has experienced a reduction recently
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Reflecting annual base effect, retail sales rise 19 pct in Nov but fall on previous month
EconomyMacroeconomythe last year. Retail trade dropped by 7.9 points to 11.3, coming off the recent high. The sector...Greece’s retail sales experienced a significant annual recovery in November, rising by 19 percent year-on-year (YoY) from a downward revised 10.5 percent in October, Hellenic Statistical Authority
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Start of 2022 sees back-to-back negative deposit flows for first time in three years
EconomyMacroeconomy. Despite coming off the high of 180 billion euros, the current level of private sector deposits remains... months of 2022 are the first since January last year. Private sector deposits have not experienced
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Deposits drop for third straight month as corporates lead fall of 988 mln
EconomyMacroeconomyeuros. Despite private sector deposits coming off the recent high of 180 billion euros, the current... not experienced back-to-back negative flows since the same period in 2019. The annual growth in March also dropped
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Deposits grow by 1.35 bln in April, reversing Q1 trend
EconomyMacroeconomyprivate sector deposits coming off the recent high of 180 billion euros, the current level remains... not experienced back-to-back negative flows since the same period in 2019. The annual growth in April
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Retail sales up by 18.8 pct YoY in Apr, but monthly and volume data point to slowdown
EconomyMacroeconomydecreased by 2.4 points to 0.1, staying well off the recent high in December. The sector sentiment... percent and food sales were up by 7.5 percent. Clothing and footwear experienced a solid annual rise
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Monthly and volume retail sales data shrink in May, reflecting cost-of-living crisis
EconomyMacroeconomypositive once again, staying well off the recent high in December. The sector sentiment is down by 6.6...The growth in Greece’s retail sales experienced a significant slowdown in May, rising by 5.1 percent year-on-year (YoY) from a solid 18.8 percent in April, Hellenic Statistical Authority (ELSTAT
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Athens ponders latest diplomatic moves by Turkey
PoliticsForeign Policykilometers off the coast of Gazipaşa, in Antalya province. In fact, addressing the launch ceremony... it previously experienced hostile ties. Israeli relations Following a gradual improvement in relations
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HFSF sets out bank divestment strategy, marking final chapter in turbulent story
EconomyBankingsovereign debt, given that banks managed to shed over 100 billion euros of NPEs off their books..., essentially the current holdings that are up for divestment. Greek banks have experienced a rather
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A Greek form of Triangulation
Agorato block off the political space available to the opposition when it is not held accountable for anything it does. Over the last few years, under this government’s watch, Greece has experienced its largest
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